Value of 1989 Euro (Slovenia) today

€100 in 1989
€23,410.85 in 2024

The inflation rate in Slovenia between 1989 and today has been 23,310.85%, which translates into a total increase of €23,310.85. This means that 100 euro in 1989 are equivalent to 23,410.85 euro in 2024. In other words, the purchasing power of €100 in 1989 equals €23,410.85 today. The average annual inflation rate between these periods has been 16.87%.

Inflation timeline in Slovenia (1989 - 2024)

The following chart depicts the equivalence of €100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (EUR) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1989-2023 23,086.9%
Cumulative inflation 1989-today 23,310.85%
Avg. Annual inflation 1989-2023 17.37%
CPI 1989 0.54
CPI 2023 124.85
CPI 2023-12 (latest official data) 125.53
CPI today 126.06

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1989 and 2023, use the corresponding CPI values:

Value2023
=Value1989 ×
CPI2023/CPI1989
=€ 100 ×
124.85/0.54
€23,186.9

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.06:

Valuetoday
=Value1989 ×
CPItoday/CPI1989
=€ 100 ×
126.06/0.54
€23,410.85

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are €100 worth today. There are 34 years between 1989 and 2023 and the average inflation rate was 17.3724%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.173724)34
€23,186.9

Slovenia inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1989 €231.87 euro in 2023
€5 euro in 1989 €1,159.35 euro in 2023
€10 euro in 1989 €2,318.69 euro in 2023
€50 euro in 1989 €11,593.45 euro in 2023
€100 euro in 1989 €23,186.9 euro in 2023
€500 euro in 1989 €115,934.5 euro in 2023
€1,000 euro in 1989 €231,869 euro in 2023
€5,000 euro in 1989 €1,159,345.01 euro in 2023
€10,000 euro in 1989 €2,318,690.02 euro in 2023
€50,000 euro in 1989 €11,593,450.09 euro in 2023
€100,000 euro in 1989 €23,186,900.19 euro in 2023
€500,000 euro in 1989 €115,934,500.93 euro in 2023
€1,000,000 euro in 1989 €231,869,001.86 euro in 2023
Cumulative inflation From 1989 23,310.85%
Avg. annual inflation From 1989 16.87%
CPI 1989 0.54
CPI today 126.06

Value of Euro over time (by year)

Period Value
1989 100
1990 652.08
1991 1,400.89
1992 4,341.83
1993 5,720.89
1994 6,921.81
1995 7,853.74
1996 8,628.47
1997 9,349.78
1998 10,087.59
1999 10,708.54
2000 11,662.86
2001 12,640.16
2002 13,585.75
2003 14,338.96
2004 14,854.16
2005 15,218.31
2006 15,592.36
2007 16,162.65
2008 17,075.43
2009 17,218.74
2010 17,528.87
2011 17,844.89
2012 18,308.4
2013 18,632.32
2014 18,669.46
2015 18,571.33
2016 18,561.12
2017 18,826.39
2018 19,153.7
2019 19,466
2020 19,455.32
2021 19,828.3
2022 21,579.86
2023 23,186.9
2023-12 23,312.4
Today 23,410.85

All available years

Today's value of euro (Slovenia) by year:

1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |

Other currencies: